TSM INV H&S- Weekly CallsNYSE:TSM - 4h showing an inverse head and shoulder patterns signaling a flip from sellers in control to buyers in control leading me to believe she can see more continuation throughout the week if 4h can continue to hold up healthy bullish price action. Will be looking ot take intraday breakouts to the upside throughout the week. Not so much interested in shorts at all UNLESS 4h happens to flip back bearish and begins to head for that GAP below.
Tsm_watch
(TSM) Taiwan Semiconductor Set for a Bullish Surge!Technical Analysis: Taiwan Semiconductor (TSM) – 15-Minute Timeframe (Long Trade)
We entered a long trade on Taiwan Semiconductor (TSM) at 204.25 after a clear bullish signal. The trade is currently in progress, and we are waiting for the profit targets to be hit.
Key Levels
Entry: 204.25 – The long position was initiated here following a strong upward signal.
Stop-Loss (SL): 195.45 – Positioned below support to manage risk and protect against downside movement.
Take Profit 1 (TP1): 215.12 – The first target we are eyeing as the bullish momentum unfolds.
Take Profit 2 (TP2): 232.71 – A further upside target, marking a significant rally if the momentum continues.
Take Profit 3 (TP3): 250.30 – A potential target if the bullish trend remains strong.
Take Profit 4 (TP4): 261.17 – The ultimate target, signaling a substantial upside move.
Trend Analysis
The price is well above the Risological Dotted trendline, indicating strong bullish momentum. The upward movement is supported by a solid breakout, and we are now watching for the targets to be met.
The long trade on TSM looks promising, with a clear entry at 204.25. We are now monitoring the price as it approaches the first target at 215.12, expecting further upside momentum.
TSM - Starting to Accumulate.TSM - currently down 42% from the high, and up 12% from the recent low.
Currently in a downtrend that changes if gain of yellow giving targeted orange area.
If continuation of downtrend targeting levels below in cyan particularly support at untested levels - 58.20,51.90.
Purple is the last resistance before new ATH.
TSM US STOCK, Price Action Analysis By Hamza Ali This stock is been in a super uptrend for a while now, right now it is some type of correction phase, we can look for shorting opportunities if it close below the mentioned support zone which will lead us to the bottom of the descending channel. But if we see a bullish close above the mentioned resistance zone it will lead us to a bull run to the all time highs.